James Palmer - Timken Independent Director

TKR Stock  USD 77.72  1.76  2.32%   

Director

Mr. James F. Palmer is an Independent Director of the Company. Mr. Palmer served as the Corporationrationrate Vice President and Chief Financial Officer of Northrop Grumman Corporationrationration, a global security company and a provider of products, systems and solutions in the fields of aerospace, electronics, information systems and technical services, from March 2007 until February 2015 and as a Corporationrationrate Vice President of Northrop Grumman until his retirement in July 2015 since 2015.
Age 71
Tenure 9 years
Address 4500 Mount Pleasant Street NW, North Canton, OH, United States, 44720-5450
Phone234 262 3000
Webhttps://www.timken.com
Palmer’s broad executive background in the aerospace and defense industry, his service as the chief financial officer of multiple large publicly traded companies, and his extensive experience with business acquisitions, debt financings and other complex transactions make him wellqualified to serve as a member of the Board.

Timken Management Efficiency

The company has Return on Asset of 0.0559 % which means that on every $100 spent on assets, it made $0.0559 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1273 %, implying that it generated $0.1273 on every 100 dollars invested. Timken's management efficiency ratios could be used to measure how well Timken manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Timken's Return On Tangible Assets are relatively stable compared to the past year. As of 11/26/2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.07. At this time, Timken's Intangible Assets are relatively stable compared to the past year. As of 11/26/2024, Return On Tangible Assets is likely to grow to 0.1, while Non Current Assets Total are likely to drop slightly above 2 B.
Timken Company has 2.5 B in debt with debt to equity (D/E) ratio of 0.86, which is OK given its current industry classification. Timken Company has a current ratio of 1.99, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Timken to invest in growth at high rates of return.

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The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio. Timken operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 18000 people. Timken Company (TKR) is traded on New York Stock Exchange in USA. It is located in 4500 Mount Pleasant Street NW, North Canton, OH, United States, 44720-5450 and employs 19,000 people. Timken is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Timken Company Leadership Team

Elected by the shareholders, the Timken's board of directors comprises two types of representatives: Timken inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Timken. The board's role is to monitor Timken's management team and ensure that shareholders' interests are well served. Timken's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Timken's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tarak Mehta, CEO President
Kari Groh, VP PR
Hans Landin, Group Vice President
Sarah Lauber, Independent Director
Ronald Myers, Executive Vice President - Human Resources
Elizabeth Harrell, Independent Director
Neil Frohnapple, Director Relations
Lance Yu, President China
Philip CPA, CFO VP
Philip Fracassa, Chief Financial Officer, Executive Vice President, Principal financial officer, Principal Accounting Officer
Christopher Mapes, Independent Director
Karl Roellgen, Executive Bearings
Natasha Pollock, Vice Resources
Hansal Patel, Vice President General Counsel, Secretary
Sanjay Koul, President India
Christopher Coughlin, Executive Vice President, Group President
john Luke, Independent Director
Andreas Roellgen, Vice President - Europe, Asia and Africa
Douglas Smith, Vice Technology
John Timken, Non-Executive Independent Chairman of the Board
Maria Crowe, Independent Director
Michael Connors, Vice Marketing
Meghan Elmblad, Interim Relations
Michael Discenza, VP Controller
Ajita Rajendra, Independent Director
Ward Timken, President of Timken Foundation
Hansal JD, General VP
Frank Sullivan, Independent Director
Thomas Webb, Chief Segment
James Palmer, Independent Director
Richard Kyle, President, Chief Executive Officer, Director
Sudesh Kumar, Sales President
Jacqueline Woods, Independent Director

Timken Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Timken a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Timken

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Timken position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Timken will appreciate offsetting losses from the drop in the long position's value.

Moving together with Timken Stock

  0.82EML EasternPairCorr

Moving against Timken Stock

  0.73G Genpact LimitedPairCorr
  0.61KMT KennametalPairCorr
  0.6RBC RBC BearingsPairCorr
  0.48SNA Snap OnPairCorr
  0.38MKTAY Makita CorpPairCorr
The ability to find closely correlated positions to Timken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Timken when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Timken - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Timken Company to buy it.
The correlation of Timken is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Timken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Timken Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Timken can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Timken Stock Analysis

When running Timken's price analysis, check to measure Timken's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Timken is operating at the current time. Most of Timken's value examination focuses on studying past and present price action to predict the probability of Timken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Timken's price. Additionally, you may evaluate how the addition of Timken to your portfolios can decrease your overall portfolio volatility.